"Does anyone with half a brain in their head really think that consumer prices were only up .2% in April" actually, as i calculate it, that is about how much gas prices have been going up .....an hour
My read is: since the market rallied after the numbers, the sheep got caught long, then the true players who know this is BS and that inflation is so high that true GDP is negative are loading the boat with shorts. This baby is about to rock to the downside, today's selloff into the close was only the beginning.
naahh S&P support/resist. is at 1405 so there is a shoving match around there ahead of expiration if the 10 year cracks 4%, hard south
Wish I did. All I feel now is stupider, which is what they wanted us to be in the first place. Oh, and still feeling poorer.